Penske Media Corporation 2 years 5 months Executive Director, Brand Partnerships @ Billboard Jan 2023 - Present4 months New York, New York, United States Senior Director, Brand Partnerships @. Geller remained the website's Editor in Chief after the sale. CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook, AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022, Endeavor CEO Ari Emanuels Pay Drops To $19.1 Million In Year Following IPO Windfall. He currently lives in Los Angeles. A Penske associate since 1993 . Billboard, Vibe and the Reporter will join PMCsVariety, Rolling Stone and Music Business Worldwide.. [29], On September 23, 2020, it was announced that PMC would assume operations of the MRC Media & Info publications, including Variety's main competitor, The Hollywood Reporter, and Billboard magazine, under a joint venture with MRC known as .mw-parser-output .vanchor>:target~.vanchor-text{background-color:#b1d2ff}PMRC. Penske Entertainment Corp., a subsidiary of Penske Corporation, owns the Indianapolis Motor Speedway, the NTT INDYCAR SERIES and IMS Productions. The DHL-sponsored cars are driven by sports car veteran teammates Timo Bernhard and Romain Dumas along with Sascha Maassen and Patrick Long. Senior Vice President Human Resources. [3] [4] It began as an affinity marketing and internet services company called Velocity Services, Inc. [3] The company acquired the Mail.com domain and was renamed to the Mail.com Media Corporation (MMC). "Princell Hair is a phenomenal media executive who brings an overwhelming amount of industry experience and excellent leadership skills to our 2,400-employee company," Allen said. Los Angeles Metropolitan Area. Monroe previously held marketing and content leadership roles at Forbes and Cond Nast. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Bushee has oversight of all IT activities and directs innovation efforts, including the ClearChain Technology Suite. Penske Media Corporation. The venue has also hosted NASCAR, Formula One and other racing [] Get Contact Info for All Departments Penske Media Corporation Org Chart Jay Penske Chairman and CEO 4 6 Product & Eng (55) To learn more about PMC and its constellation of iconic brands, please visitwww.pmc.com. Send us a tip using our annonymous form. Gross profit was $138 million, or . View detailed PAG description & address. Penske Media review Apr 18, 2023 - Junior Graphic Designer Recommend CEO Approval Business Outlook Pros Flexibility in working arrangements, opportunities for creativity and self-expression through design work. [21] In January 2016, PMC acquired independent film and television platform IndieWire from SnagFilms, Inc. for an undisclosed amount of money. Job in Redford - Wayne County - MI Michigan - USA , 48239. Management. The deals also bring under shared control MRC music publications Billboard and Vibe. [24] In December 2017, Penske Media acquired a majority stake of Rolling Stone magazine from Wenner Media. The website had previously been operated by publisher LA Weekly. [31], In December 2022, PMC acquired the contemporary art magazine Artforum and Bookforum. All Rights Reserved. All Rights Reserved. Variety is a part of Penske Media Corporation. Cons May require long hours of sitting and working on a computer Jay Penske is himself something of a larger-than-life figure, married to former Victorias Secret model and Almay cosmetics spokesperson Elaine Irwin, and himself an owner of racing teams, including in the all-electric Formula E series. Why AI Has Some Viewers Asking Which Film Actors Are Real. Team Penske has 750 employees, of which 26 are in a leadership position. Bonnie Raitt Ken Friedman. Prior to joining Endeavor, she spent nearly 14 years at Allied Global Marketing, during which time she rose to the role of Senior Vice President of National Publicity & Account Management, overseeing marquee accounts including Paramount Pictures, Food Network, Cirque du Soleil, Netflix, Hulu, Sephora and Feld Entertainment, among many others. Full Time position. The Penske Media Corporation management team includes Jay Penske (Chairman and CEO), Michael Monroe (Chief Marketing Officer and Head of PMC Studios), and Andrew Limpus (Associate Vice President, Talent and Recruiting) . Company Description: Detroit Diesel Corporation (DDC) is the industry-leading original equipment manufacturer of state-of-the-art engines, axles and transmissions specifically designed for integrated, optimized performance and efficiency inside Freightliner and Western Star Trucks. [26] Additional acquisitions from 2017 to 2018 include SHE Media, Sourcing Journal,[27][28] and Art Media Holdings, which includes Art in America and ARTnews. White is the most common ethnicity company-wide. "Mike's wide breadth of expertise in building and leading award-winning marketing organizations will help us drive significant growth through partnerships with some of the world's largest advertisers.". Bookforum subsequently ceased publications on December 12. BGR.com is a tech and gadget blog originally founded by Jonathan Geller and purchased by PMC in 2010. Monroegraduated from Boston University with a Bachelor of Science in Communication andcompleted theCORE Credential programwith Harvard Business School Online. Deadline, also known as Deadline Hollywood or Deadline.com and previously known as news blog Deadline Hollywood Daily, is an online magazine founded by Nikki Finke in 2006. "We are thrilled to have found someone of Mike's caliber and experience to lead the sales development and account management as well as the expansion of our custom solutions unit, PMC Studios,while also working collaboratively with a core group of the Penske Media brands," said Mark Howard, Chief Advertising & Partnerships Officer, to whom Monroe will report. Princells seasoned expertise now plays a crucial role in supporting Allen Media Groups acquisitions and continued expansion across our ever-increasing number of media assets and distribution platforms worldwide., Hair added: Local news matters, and the connections these local stations have in their communities cannot be overstated. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Please join our community at sportico.com", "BollywoodLife.com crosses 20 million monthly active users mark; sees a growth of 3.2x year on year", "Penske Media Corp Taps George Grobar As COO", "BollywoodLife.com crosses 10 million users in June 2020, witnesses massive growth of 4.9x in a year", "Oscars: Deadline, Gold Derby, IndieWire & Variety Take The Gloves Off In Ultimate Predictions Smackdown", "Penske Media Corporation Acquires Gold Derby", "Penske Media Makes Strategic Investment in LDJ Productions", https://en.wikipedia.org/w/index.php?title=Penske_Media_Corporation&oldid=1152509327, This page was last edited on 30 April 2023, at 17:28. Penske Media Corporation Jan 25, 2021, 09:00 ET NEW YORK, Jan. 25, 2021 /PRNewswire/ -- Penske Media Corporation (PMC) appoints Luke Bahrenburg EVP and Chief Revenue Officer, Robb. Retail Manager, Store Manager, Assistant Manager. Penske Automotive Group, Inc. (NYSE:PAG) operates over 300 retail automotive franchises, representing 40 different brands and 26 collision repair centers. Would A Long Writers Strike Kill Off Late-Night Television As We Know It? Sep 2020 - Present2 years 5 months. [42], Hollywoodlife.com is an entertainment, celebrity, and fashion news website founded and run by former US Weekly, Marie Claire, and Glamour editor, Bonnie Fuller. Get contact details including emails and phone numbers Read full bio | Downloadable PDF version, Bud Denker - Bud Denker, 49, is Executive Vice President of Penske Performance and Penske Automotive Group and also Senior Vice President of Penske Corporation. He is a member of Min's Marketing Hall of Fame, was named "marketer of the year" by the Native AdvertisingInstitute, andwas included inAdWeek's2019 "Creative 100.". Some of PMC's early changes to Variety's business plan included eliminating the website's paywall, ceasing the printing of Daily Variety, and investing more in the digital platform, Variety.com. Princell Hair has been tapped as president of Allen Media Broadcasting, the broadcast television station division of Byron Allens Allen Media Group. in Communications and a minor in Dance. The "Double Fantasy" cover art shows The Weeknd as his Idol character Tedros, a leader of a modern-day cult and the love interest of rising pop star Jocelyn, who's played by Lily-Rose Depp . [5] By 2008, the company owned digital entertainment properties like OnCars.com, Hollywood Life, Movieline, and MailTimes in addition to operating the Mail.com portal and email service. Here are further demographic highlights of the leadership team: Executive Vice President of East Operations, Executive Vice President, General Counsel and Secretary. Ginger brings incredible industry relationships and a long history of working with talent and creators to understand their objectives and create bespoke marketing plans to amplify their reach and influence. But we are so fortunate to have the fabulous and tenured leadership team at NBCUniversal. 70% of the management team is White. During her time at Endeavor, Chan oversaw a global team of category experts responsible for strategic consumer PR across the companys portfolio including IMG, the Professional Bull Riders, and premium hospitality leader On Location Experiences, as well as consumer PR strategy for select sports, entertainment and fashion talent clients from WME and IMG. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. [19], In June 2015, Penske Media Corporation formed a partnership with Shutterstock Inc. to compete with Getty Images in the categories of editorial images in the entertainment and fashion industries. Let's not forget culture starts at the top. Team Penske may also be known as or be related to Carolina North Motorsports Fou, Penske Racing and Team Penske. Get our latest storiesin the feed of your favorite networks. The CEO of Team Penske is Roger S. Penske. Company profile for Penske Automotive Group Inc. including key executives, insider trading, ownership, revenue and average growth rates. Los Angeles, California, United States. In mid-2008, the company received a $35 million growth equity round of financing from a leading private equity fund. Beginning in 2016, Shutterstock had an exclusive right and license to PMC's fashion and entertainment archives. The employee data is based on information from people who have self-reported their past or current employments at Team Penske. The fund capitalizes on strategic relationships, commercial synergies and industry expertise of Penske Corporation and its subsidiaries and affiliates. [37] Rolling Stone is an international[38][39] media brand which focuses on popular culture, now including magazines published in 15 countries[40] such as China, Australia, India and the United Kingdom. Search over 700 We are always seeking expertise and perspectives we can surround our clients with to ensure their creative ambitions are being recognized on the biggest stages and reaching the broadest audiences, said WME Co-Chairmen Christian Muirhead and Richard Weitz in a statement to Deadline. In addition, Penske Racing has won the Indianapolis 500-mile race 14 times including consecutive wins in 2001, 2002 and 2003. New York police responded to a 911 call . BeforeSundance,hewas Vice President of Marketing for The Atlantic and head ofthatpublisher's in-house studio, AtlanticRe:think. Over the past decade or so, Penske Media Corp. Chairman and CEO Jay Penske, the youngest son of famed billionaire racing-team owner Roger Penske, has slowly aggregated control over most. Transportation Resource Partners is a $265 million private equity fund formed by Penske Corporation. [32][33], In January 2023, a stake in Dick Clark Productions was sold to PMC via the joint venture Penske Media Eldridge. (business & personal). Penske Automotive Group, Inc. is a member of the Fortune 500 and Russell 1000 and has 16,000 employees. He was promoted to president just last fall, becoming the only exec to hold the title apart from Roberts and his father, company founder Ralph Roberts. (Photo by David M. Benett/Dave Benett/Getty Images). As Penske has slowly aggregated various publications under PMC control, the company has focused on integrating back-office operations such as HR, accounting and technology for more efficiency and cost savings, while letting competing publications such as Deadline, IndieWire and Variety operate as mostly separate entities, even though they sit on different floors of the same building. Comcast CEO Brian Roberts kicked off the companys first-quarter earnings call by delivering brief comments about the abrupt dismissal of NBCUniversal chief Jeff Shell last Sunday. [13], In September 2010, the Mail.com Media Corporation announced a transaction in which they would sell the Mail.com email and portal service to United Internet Group, one of Germany's leading internet companies. We couldnt be more excited to welcome her to our leadership team and introduce her to our wide-ranging client roster.. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. For the full year, net sales increased 10.8% to $357.4 million. This is a BETA experience. All rights reserved. Hair has also been named to an executive vice president role at parent company Allen Media Group. 11% of the management team is Black or African American. Deadline is a part of Penske Media Corporation. He will work across PMC's portfolio. Penske Media Corporation (PMC) (/pnski/) is an American digital media, publishing, and information services company based in Los Angeles and New York City. Read full bio | Downloadable PDF version, Tim Cindric - Tim Cindric, 39, was named President of Penske Performance, Inc. in November 2005 as part of a consolidation of Penske Performance entities. Signup for Breaking News Alerts & Newsletters. Executive Summary. Two of Fairchild's properties, Style.com and W, remained under Cond Nast's ownership. Vince Holding on Monday reported financial results for the fourth quarter and full year of 2022. Also on the docket are a decision about a one-third stake in Hulu as a put-call arrangement with Disney reaches a deadline, sports rights bidding and potential M&A opportunities with Warner Bros Discovery, Paramount Global or other players. [22] Michael Schneider, the Editor in Chief of TV Guide, joined IndieWire.com as Executive Editor shortly after the PMC acquisition, joining editorial leaders Anne Thompson, Eric Kohn, and editor Dana Harris. As CMO, Chan will manage marketing efforts on the corporate front, including event presence and awards season marketing, as well as the agencys digital footprint, also looking to find new ways and opportunities to amplify client projects and activities. Denker assumed responsibility for Penske Corporation's marketing and communications functions after joining the company in 2005. Penske Media Corporation: Los Angeles, CA: $65K-$70K: Rolling Stone: Politics Reporter: Penske Media Corporation: Washington, DC: $46K-$67K: Billboard: E-Commerce Writer: Penske Media Corporation: New York, NY: $55K-$65K: STYLECASTER: Part-Time Trending E-commerce Writer: Penske Media Corporation: New York, NY: $52K-$52K: Rolling Stone: Photo . Here are further demographic highlights of the leadership team: The Team Penske executive team is 12% female and 88% male. Under PMC, Rolling Stone became a monthly publication in America, but still mixed music coverage with politics and articles on popular culture.[41]. The original American Rolling Stone magazine was founded in San Francisco in 1967 by magazine publisher Jann Wenner and the music critic Ralph J. Gleason. Marissa O'Hare is Penske Media's Senior Vice President of Business Development leading business development and audience growth initiatives for PMC's portfolio of digital brands. [51] The awards began in 2004. [15], PMC first became the majority owner of Rolling Stone by purchasing a 51 percent stake in the company from Wenner Media in 2017,[25] and then acquired the 49 percent stake held by BandLab Technologies in January 2019 to become its full owner. This includes Penske Racings marketing, sponsorship, licensing and PR responsibilities. [23], In January 2017, Penske Media Corporation entered into a joint venture for the Robb Report with Rockbridge, the private equity firm of Dan Gilbert. In October 2012, PMC purchased Variety Inc., including the weekly Variety magazine, Daily Variety, Variety.com, and all associated assets, for a reported $25 million from Reed Elsevier. Previously, Hair was senior vice president and general manager for NBC Sports Boston, and prior to that role, Hair was senior vice president, news and talent for NBC Sports Group, where he served as lead negotiator for all talent contracts, including the NBC Sports Network, NBC Broadcast Network, The Golf Channel, eight regional sports networks, the Olympics, Premier League and NASCAR. Previously working as a publicist for the Seattle Film Festival, Chan began her career at the regional entertainment publicity and promotions agency, Terry Hines & Associates, after graduating from the University of Washington with a B.A. Get our latest storiesin the feed of your favorite networks. The group retails Toyota, Lexus, Honda and Mercedes-Benz vehicles. From the CEO. By subscribing, I agree to the Terms of Use and Privacy Policy. 8% of Team Penske management is Hispanic or Latino. "The PMC principles and values are quite literally our guiding light. note, I previously worked in various capacities with Deadline and Variety, and have contributed to IndieWire). 2023 Deadline Hollywood, LLC. Carlson Executive Vice President and Chief Financial Officer The group retails Toyota, Lexus, Honda and Mercedes-Benz vehicles. Jay Penske, Penske Media Corporation's CEO, has been rated 81/100 by employees. The Team Penske executive team is 12% female and 88% male. Headquartered in New York and Los Angeles with additional offices in 12 countries worldwide, Penske Media is the way global business leaders and influencers are informed, connected, and inspired. over how aggressively to cover some Hollywood stars and institutions. [53] It has also been an investor in the strategic event management company LDJ Productions since 2020. Penske Media Corporation (PMC) is a leading digital media and information services company whose award-winning content attracts a monthly audience of more than 240 million and empowers more than 1 . He began his career at several local TV stations, moving into leadership roles at CNN/Turner Broadcasting. [47], BollywoodLife.com is an entertainment and celebrity news website reporting on Indian popular culture. [16] The paywall was taken down on March 1, 2013, and, after 80 years of publication, the last print edition of Daily Variety was issued on March 19, 2013. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. "I have long admired Vox Media's world-class editorial teams and brands," said Jay Penske, CEO and founder of Penske Media. Both are now based in Los Angeles, as are many other Penske publications housed in an office building alongside the 405 Freeway in West Los Angeles. Ultimately, Michael B. came out on top, with coach Niall Horan selecting him as one of four artists on his team to move on to the Playoffs, which were pre-recorded this season for the first time . Shell had risen through the ranks at the company to become CEO of NBCU in 2020, succeeding Steve Burke. Truck-Lite produces lighting products, harness systems, mirrors and accessories primarily for heavy-duty vehicles in the United States and Europe. We want to hear from you! In this new position, he willleadthe developmentofPMC Studios, Integrated Marketing & Creative Services,AccountManagement, and Communicationsfor the Portfolio Sales teamworkingin conjunction withPMC's portfolio of award-winningbrands, which includes Rolling Stone, Variety, Robb Report, SHE Media, Deadline, ARTnews and WWD. Penske Automotive Group, Inc. is a member of the Fortune 500 and Russell 1000 and has 16,000 employees. When typing in this field, a list of search results will appear and be automatically updated as you type. The fund seeks to make leveraged control investments in growth-oriented manufacturing and service-related businesses in the transportation industry. Penske Media Corporation's Executive Team ranks in the Top 25% of other companies in Los Angeles and Top 15% of other companies on Comparably that also have 501-1,000 Employees. free lookups / month. On average, Men provided higher ratings for their Executive Team compared to Women. Dave Bushee was named senior vice president of logistics technology for Penske Logistics in March 2021. Penske already owns Rolling Stone and Music Business Worldwide, as well as IndieWire, Gold Derby, TV Line, She Media, Boy Genius Report, Hollywood Life, the Robb Report, and Womens Wear Daily. Princell Hair is a phenomenal media executive who brings an overwhelming amount of industry experience and excellent leadership skills to our 2,400-employee company, Allen said. "Penske Media has become synonymous with entertainment,cultureand business. [54], "Penske Media Corp. Gets $200M Investment From Saudi Fund", "PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone Publisher Wenner Media", "Jay Penske founded Penske Media Group to acquire Conde Nast's Fairchild Fashion Media - The Business Journals", "Rolling Stone's Owner Sells Controlling Stake to Penske Media", "Hollywood Web-Site Sale Reflects Growing Clout", "Deadline Hollywood blog sold for up to $15m", "Nikki Finke, Hollywood Blogger, Gets Her Payday", "India's Zee TV chief: 'We believe we will succeed' in the German market", "Penske's Mail.com Launching India Portal With Zee, on India.com", "Jay Penske Expands Online Media Empire, Buying Boy Genius Report", "Penske's Mail.com Media Corp. Sells Its E-Mail Business", "In a Fire Sale, Penske Media Buys Variety", "Penske Media Corp. Buys Variety As Entertainment Industry Trade Moves Online", "Daily Variety, No Longer a Top Star, to Be Closed", "Cond Nast sells Women's Wear Daily, others to Penske Media", "Cond Nast to Sell Fairchild Fashion Media for $100 Million", "Shutterstock to challenge Getty Images after Variety tie-up", "Michael Schneider Exiting TV Guide Magazine", "Dan Gilbert's Robb Report joins forces with Penske Media", "Rolling Stone Publisher Sells Majority Stake to Penske, Owner of Variety", "After Top Executive Leaves, Billboard Confronts Its Internal Culture", "Penske Media Corp. Acquires Sourcing Journal", "Penske Media buys Peter Brant's trove of art publications", "Variety Parent Penske Media to Take Over Hollywood Reporter, Billboard in Joint Venture With MRC", "Life is Beautiful festival in Las Vegas bought by Rolling Stone", "Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion", "Dick Clark Productions Hit By Layoffs Following Acquisition", "Penske's media roll-up continues with purchase of Vox stake", "JAY PENSKE GOBBLES UP THE REMAINING 49 PERCENT OF ROLLING STONE", "UK edition of Rolling Stone to launch | Complete Music Update", "British Rolling Stone magazine returns 50 years after Mick Jagger left it to 'hippies', "Literary 'Rolling Stone' sells out to male titillation", "Jay Penske betting he can beat the odds in Internet media", "Penske Media To Launch New Sports Business Platform Sportico", "BREAKING: @Sportico launch day exclusive: @MLB has pre-approved SEVEN bid groups looking at the @Mets:", ".
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